Reuters' story is based on a report in Chinese finance magazine Caijing, which quoted government sources as saying the studio would be formed with a consortium of Chinese media companies.
"DreamWorks Animation and the consortium would invest a total of $2 billion in the joint venture, DreamWorks East, over the next five years to produce animation for the Chinese market."
Caijing reported that CEO Jeffrey Katzenberg was in China earlier this month to discuss the plan with government officials there.
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21 comments:
Makes sense, DreamWorks is big around those parts so it'd make sense for them at least to protect their properties as well as make some things for a local audience.
Dreamworks and Communism. What a pair! :D
It's like Pixar Canada, but in a worse country! (Did you know that Pixar Canada isn't too far from where "My Little Pony: Friendship is Magic" is made?)
You're not cool with Pixar Canada?
@Jordan: Careful what you say!
Mike's from Canada, you know ;-)
@Jordan
Cool! I love 'Friendship is Magic'. I guess now that they have Pixar and Ponies, that makes Canada about 20% cooler!
Mike, I don't think that's what Jordan meant. I don't really have an opinion about Pixar Canada, as they have only made one Mater short so far. (I didn't like any of the Mater films from the Emeryville studio either)...I'll wait for Pixar Canada to make something else. But I can tell you why Pixar went to Vancouver and Dreamworks went to Shanghai.
Pixar loves their employees, so they set up their extra studio in a beautiful city.
Dreamworks wants to produce as much animation as quickly possible, and what a better way to get cheap labor then to offshore to China?! :D
Yeah, people are misunderstanding me. I like Pixar Canada. I know that a lot of great animation and cartoons (mostly for TV) come from Canada. Vancouver and Ontario are where it's at! Pixar Canada's in British Colombia, right? I know that Studio B/DHX Media Vancouver (they changed their name at the start of Season 2 of FiM) is in Vancouver.
And on a related note, the FiM team does outsource some of their animation to Top Draw Animation in the Philippines, where an animator with the initials VDC leaked a "Pinkie Pie Smile" song. (I could go on about that with my theories of how and why, but I won't.)
My thing against China is their problems with free speech, Internet censorship, human rights, and the condition of factories where less-than-stellar pony toys are made.
For Shanghai being Communist they are sure doing well economically like Hong Kong. Are they really Communist or Capitalist? I'd move there if i had a chance.
@Anonymous: I wouldn't be too quick to assume that. Dreamworks offers its employees a better benefits package, and generally better salaries, than Pixar does. Also, Dreamworks has never been investigated for borderline illegal labor practices.
Not that I'm saying that Pixar is in any way a bad place to work. It is, however, for all the brilliant people involved, still a corporation, and it loves its employees only to the degree that they help make the company money.
Kevin, Pixar was investigated for borderline illegal practices? Where's your source, or were you talking about the Disney company in general, which I do know to be true.
There's some truth to the fact that as a corporation, the key end is making money. My thoughts on the company don't come from an insider's perspective, but rather from my general impressions from watching the movies themselves. I have enjoyed more consistently the Pixar films than I have the Dreamworks film. And I think that is due to the artists having more creative freedom.
And creative freedom usually comes from treating your core employees, at the very least, pretty well.
As for the anon comment about Communism, I was taking a jab at China's complete disregard for freedom of speech, and comparing it to the lack of creative control the Dreamworks artists have. :P
There's no doubt that China is about big business, but Jordan's right. Censorship and state control on ideas are bad.
While I'm here, is anyone else who reads this blog a brony like me?
Complete my brohoof:
.../)
(\ Brohoof for Jordan!
I've been reading this blog for years and always enjoyed your comments, but you just got 20% cooler! ; )
Ponies and Pixar forever!!!
@Anonymous:
http://wraltechwire.com/business/tech_wire/news/blogpost/8349128/
And I like Pixar films, on average, more than Dreamworks films too. So do most animators, which is why they're willing to work there for a slightly lower salary than they could make somewhere else.
I enjoy FiM, but I'm not an obsessed lunatic like most of the internet.
@Tanner
Same here. I just enjoy the show, I don't really consider myself a 'brony', but I thought, 'eh, what could a little brohoof hurt'?
Dreamworks and China. Both have about the same quality of products.
@ JAY Hosh
Ha, ha, ha ZING!
Take THAT, CRAPworks! Ha, ha, ha!!!
Anyone who likes FiM in some regard should at least check out the Equestria Daily blog.
*Brony girl here sitting back laughing at where this is going.*
LMAO @ Jay Hosh!
Nice one ^_^
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